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1. Big Shift In Motion, Russia & China Backed Petro-Yuan and Phasing Out US Dollar The world’s largest crude oil importer China is likely to roll out the petro-yuan next year predicts Saxo Bank. Beijing’s largest oil supplier Russia would gladly accept the yuan to phase out the dollar in trade with China. Learn More:...
2. Top Marine General: ‘There’s A Big War Coming’ The commandant of the Marine Corps, Gen. Robert Neller, told troops that “there’s a war coming” and urged them to be prepared. Learn More: http://thehill.com/blogs/blog-briefin…...
3. US Consumer Credit Card Debt Balloons to All-Time High American consumers have accumulated $1.02 trillion of debt on their credit cards as of June, according to the US Federal Reserve. This is more than the record set just before the 2008 financial crisis. US household debt balances were $12.73...
4. Your Money, But You Can’t Have It: EU Proposes to Freeze Accounts to Prevent Bank Run If there is a run on the bank, any bank in the EU, you better be among the first to get your money out. Although it’s your money, the EU wants to Freeze Accounts to Prevent Runs at Failing Banks....
5. China Moves Tons of Military Equipment to Area of Border Dispute with India China and India are locked yet again in a stand-off of Himalayan proportions. Almost five weeks after Indian troops trespassed and forcibly halted the activities of a Chinese road construction crew on a narrow plateau at the China-Bhutan-India tri-junction area...
6. Global Cyberattack Spreads from Europe to America, Affecting Energy and Shipping A new and highly virulent outbreak of data-scrambling software caused disruption across the world Tuesday. Following a similar attack in May , the fresh assault paralyzed some hospitals, government offices and major multinational corporations in a dramatic demonstration of how...